Dáil Éireann Debate, Thursday - 19 December 2013
212. Deputy Catherine Murphy asked the Minister for the Environment, Community and Local Government the funding streams that made up the local government general purposes grant fund in 2008, 2009, 2010, 2011, 2012 and to date in 2013; if the entire fund was allocated in each of those years; if not, the reason for same and where those funds went; and if he will make a statement on the matter. [54833/13]
View answerI assume that the Question refers to the Local Government Fund. The Local Government Fund accounts are audited on an annual basis by the Comptroller and Auditor General. Full details of all income and expenditure in respect of the years 2008 to 2012 are available from the audited accounts of the Fund, published on my Department's website, www.environ.ie.
A summary of the income and expenditure for the years 2008 to 2012 is detailed in the following table. The most recent audited accounts of the Fund are for the year 2012.
|
Income |
2008 € |
2009 € |
2010 € |
2011 € |
2012 € |
|
Motor Tax Income |
1,055,317,645 |
1,056,324,243 |
1,021,366,254 |
1,011,629,770 |
1,052,863,980 |
|
Exchequer Funding |
548,703,000 |
443,000,000 |
241,403,000 |
175,000,000 |
0 |
|
Bank Interest |
6,724,300 |
1,398,401 |
1,077,139 |
2,368,653 |
602,193 |
|
Other income |
0 |
0 |
0 |
429,377 |
0 |
|
Household Charge |
0 |
0 |
0 |
0 |
113,914,055 |
|
Total Income |
1,610,744,945 |
1,500,722,644 |
1,263,846,393 |
1,189,427,800 |
1,167,380,228 |
|
Total Expenditure from Fund |
1,623,675,409 |
1,460,911,265 |
1,243,170,548 |
1,148,312,897 |
1,148,145,567 |
|
Surplus/(Deficit) for the Year |
(12,930,464) |
39,811,379 |
20,675,845 |
41,114,903 |
19,234,661 |
The estimated income to the Local Government Fund in 2013, as set out in the Revised Estimates for Public Services 2013 is €1,119 million. This includes estimated Motor Tax Receipts of €1,109 million, which contribute 99% of the Fund's income in 2013. The balance of the Fund income is made up of interest earned from LGF monies invested with the National Treasury Management Agency and Household Charge receipts paid in 2013 in respect of 2012. A balance is maintained in the Local Government Fund from year to year for cash flow purposes and also to account for variations in forecast income. Any surplus balance after all commitments have been met at year end is carried forward as an opening balance for the subsequent year.
